African Cultural Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 9,640 | 12,589 | −2,949 | -2.8 | — |
| 2015 | 39,970 | 39,842 | 128 | 0.0 | — |
| 2017 | 55,482 | 59,424 | −3,942 | 0.0 | 0% |
| 2018 | 88,741 | 89,705 | −964 | 0.0 | — |
| 2019 | 106,339 | 97,364 | 8,975 | 0.6 | — |
| 2020 | 161,735 | 177,168 | −15,433 | 0.0 | 13% |
| 2021 | 202,821 | 172,434 | 30,387 | 0.0 | 54% |
| 2022 | 420,137 | 356,429 | 63,708 | 1.6 | 17% |
| 2023 | 454,815 | 448,116 | 6,699 | 0.9 | 67% |
In its most recent public year (2023), this organization brought in $6,699 more than it spent. Its reserves stood at about 0.9 months of spending, up from -2.8 in 2013. Staff pay was 67% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
African Cultural Services Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works